Allen Farrington returns to THE Bitcoin Podcast to discuss his latest essay “Number Go Down,” the myths surrounding deflation, why fiat economics gets causation backwards, and how inflationary monetary systems distort society itself.

Walker and Allen explore the “paradox of thrift,” why central banking is fundamentally incompatible with free markets, and how fiat money fuels wealth inequality while convincing people capitalism is to blame. They also dive into socialism, Bitcoin as a savings technology, lowering time preference, and the future of Bitcoin scaling technologies like Lightning and ARK.

The conversation also covers Bitcoin Is Venice, the upcoming second edition of the book, and why Bitcoin adoption may happen not through ideology — but through people slowly rediscovering common sense.

FOLLOW ALLEN: https://x.com/allenf32

PARTNERS & DISCOUNTS:

LEDN: Bitcoin-backed lending. Go to ledn.io/walker and unlock liquidity WITHOUT selling your bitcoin.
BLOCKSTREAM JADE: BLOCKSTREAM JADE HARDWARE WALLET: Head to https://store.blockstream.com/ and use coupon code WALKER for 10% off!
BDIC™ is building an insurance marketplace on the bitcoin standard. Sign up for the waitlist at: http://bdic.io/walker
Buy Bitcoin with River: http://partner.river.com/walker
GET FOLD ($10 in bitcoin): https://use.foldapp.com/r/WALKER

JOIN THE SUBSTACK TO GET NEW EPISODES DELIVERED STRAIGHT TO YOUR INBOX: https://walkeramerica.substack.com/

If you enjoy THE Bitcoin Podcast you can help support the show by doing the following:

FOLLOW ME (Walker) on @WalkerAmerica on X | @TitcoinPodcast on X | Nostr Personal (walker) | Nostr Podcast (Titcoin) | Instagram

Subscribe to THE Bitcoin Podcast (and leave a review) on Fountain | YouTube | Spotify | Rumble | EVERYWHERE ELSE

NUMBER GO DOWN: Deflation, Bitcoin, and Communist Lies | Allen Farrington

THE Bitcoin Podcast

NUMBER GO DOWN: Deflation, Bitcoin, and Communist Lies | Allen Farrington